Most Popular
1. Banking Crisis is Stocks Bull Market Buying Opportunity - Nadeem_Walayat
2.The Crypto Signal for the Precious Metals Market - P_Radomski_CFA
3. One Possible Outcome to a New World Order - Raymond_Matison
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
5. Apple AAPL Stock Trend and Earnings Analysis - Nadeem_Walayat
6.AI, Stocks, and Gold Stocks – Connected After All - P_Radomski_CFA
7.Stock Market CHEAT SHEET - - Nadeem_Walayat
8.US Debt Ceiling Crisis Smoke and Mirrors Circus - Nadeem_Walayat
9.Silver Price May Explode - Avi_Gilburt
10.More US Banks Could Collapse -- A Lot More- EWI
Last 7 days
Stock Market Seasonal Buying Opportunities - 4th Dec 23
Transition From Debt Default And Dollar Demise To A Digital Bridge Currency Recovery - 4th Dec 23
The Future of Trading Has Arrived: Say Hello to Tradu - 4th Dec 23
Adapting to the Fast-Paced World of Online Poker - 4th Dec 23
Israeli Prime Minister Confesses to Being a Palestinian - 4th Dec 23
The Bond Trade - 1st Dec 23
Gold Shines as the Economic Outlook Darkens - 1st Dec 23
Stock Market Santa Rally to S&P 4600+ - 28th Nov 23
Stocks and Silver Have Something to Say about Gold - 28th Nov 23
Can A Stock Market Crash Be Averted... For Now? - 28th Nov 23
Taiwan 2024 Election: Militarization or Development - 28th Nov 23
The Stock Market Trend and the Policy Behind it - 28th Nov 23
Cameco Uranium Stock Hits All-Time High - 28th Nov 23
TSLA, LRCX, TSMC Stock Earnings and Trend Analysis - 26th Nov 23
A Golden Setup: Gold Price Trend Forecast Report - 26th Nov 23
Gold Stocks Winter Seasonal Rally - 26th Nov 23
Elections in South America and Europe Reveal Backlash against Socialism - 26th Nov 23
LMT, JNJ and ASML Stock Earnings and Trend Analysis - 23rd Nov 23
When AI Hallucinates - Top AI Tech Stocks - 23rd Nov 23
Stock Market Ignoring Hawkish Fed - 23rd Nov 23
Stock Market Trend Trajectory into Year End 2023 - 22nd Nov 23
Copper/Gold Ratio: Still Counter-Cyclical - 22nd Nov 23
Learn to Use the FORCE! - How to Really Get Rich - 21st Nov 23
Quad Witching Cracks Stock Market Nuts - 18th Nov 23
Biden Bizarrely Brags About Lower Budget Deficits as US Federal Debt Skyrockets - 18th Nov 23
Silver Price Between a Rock and a Hard Place - 18th Nov 23
The Most Important Chat GPT Tech Reveal of 2023 - 18th Nov 23
AI Tech Stocks Portfolio - 9th Nov 23
Micron MU Stock Trend Analysis - 9th Nov 23
TSMC Stock Trend Analysis - 9th Nov 23
NVIDIA Stock Trend Analysis - 9th Nov 23
The “new ChatGPT” just launched - 9th Nov 23

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Meadowhall Christmas Shopping, Where Are the Shoppers?

Personal_Finance / Shopping Dec 21, 2011 - 03:19 AM GMT

By: Nadeem_Walayat

Personal_Finance

Best Financial Markets Analysis ArticleLast Saturday December 17th was hyped across the broadcast media as being "Super Saturday" which was forecast to be the busiest shopping day of the year based on research by online comparison site Kelkoo.


However, reality does not match expectations at one of Britains largest shopping malls Meadowhall Sheffield, where the question I kept asking was where are the shoppers?

Many shoppers appeared less eager to buy and were more focused on making price comparisons on their smart phones as they used stores as effective showrooms to finalise their online shopping lists in time for delivery for Christmas, which is not so surprising given that the same goods can be bought for as much as 1/3rd cheaper online than in the stores, which is part of a decade long accelerating trend against which no high street retailer can win and will eventually also lead to the demise of many UK shopping malls, and perhaps not so many years from now even the mighty Meadowhall itself could disappear into the retail history books just as many giant shopping malls across the United States have been abandoned or demolished.

Meadowhall Christmas Shopping Times

The shopping mall during most of December is open weekdays 10am to 11pm, Saturday 9am to 8pm and Sunday 11am 5pm

Christmas Holiday timings are - Eve 9am to 4pm, Boxing Day 9am to 8pm, 27th-30th 9am to 10pm

New Years Holiday timings are - Eve 9am to 4pm, Day 11am to 5pm, 2nd Jan 11am to 6pm

Retail Sales

When the retail sales figures start to come through during the coming weeks, I expect "Super Saturday" as for most of December will likely turn out to be a bad month for consumer spending as consumers tighten their belts ahead of what looks like a bad economy during 2012, which will put many retailers who on the edge of bankruptcy so watch for many retailers to go bust during early 2012.

On a bright note, distressed retailers should give shoppers opportunities to pickup deeply discounted bargains during the post Christmas sales, which I will take a close look at in the run upto Christmas.

Source and Comments: http://www.marketoracle.co.uk/Article32247.html

By Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2011 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 25 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of three ebook's - The Inflation Mega-Trend; The Interest Rate Mega-Trend and The Stocks Stealth Bull Market Update 2011 that can be downloaded for Free.

Stocks Stealth Bull Market Ebook DownloadThe Interest Rate Mega-Trend Ebook DownloadThe Inflation Mega-Trend Ebook Download

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 600 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

Pat
22 Dec 11, 15:43
Croydon Shopping centres are packed full!

Can't believe seeing an empty shopping centre before Christmas. Not here in Croydon, it's full of people -lots of cars queuing for the multi-storey car parks. Mind you lot's of shoppers without store bags from what I can see. Hope it's not just sleep walking!


Post Comment

Only logged in users are allowed to post comments. Register/ Log in